Madinet Masr (EGX code: MASR.CA) announced the completion of the purchase of 1% of the company’s total outstanding shares under the treasury share buyback program approved by the Board of Directors on 28 June 2026, which authorized the purchase of up to 2% of the company’s total shares through open-market transactions, in compliance with the applicable regulations issued by the Financial Regulatory Authority (FRA) and the Egyptian Exchange (EGX), Invest-Gate reports.

Confidence in Financial Performance

The completion of this phase of the treasury share buyback program reflects the company’s confidence in its financial performance, strong financial position, and future growth prospects.

Commitment to Long-Term Shareholder Value

Madinet Masr continues to implement the program as part of its strategy to maximize shareholder value while maintaining an appropriate balance between operational growth and investment returns. This reflects the company’s commitment to sound financial governance practices and to creating sustainable long-term value for its shareholders.